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Select Medical Holdings Corporation Announces Results for Fourth Quarter and Year Ended December 31, 2009
Date:2/18/2010

ss: Specialty hospitals in development, opened or closed after 1/1/08 (24,303) (1,452) ------- ------ Specialty hospitals same store Adjusted EBITDA $260,691 $291,822 ======== ======== All specialty hospitals Adjusted EBITDA margin 15.9% 18.6% Specialty hospitals same store Adjusted EBITDA margin 18.2% 20.1%
    
    
    
    VIII. Reconciliation of Net Income Per Share to Adjusted Net 
     Income Per Share
    (In thousands, except per share amounts)
    (unaudited)
    For the Three Months Ended December 31, 2008 and 2009
    
                                       
                                                   Per                 Per
                                       2008      Share (a)  2009     Share (a)
                                       ----       -------   ----     -------
    Net income                       $10,101       $0.17  $31,299       $0.20
    Net income attributable to
     non-controlling interests         1,290        0.02    1,388        0.01
    Net income attributable to
     Select Medical Holdings
     Corporation                       8,811        0.15   29,911        0.19
    Less:  Preferred dividends         6,403        0.11        -        0.00
    
    Net income available to
     common stockholders and
     participating securities          2,408        0.04   29,911        0.19
    
    Long-term incentive
     compensation related to
     initial public offering               -        0.00        -        0.00
    Stock compensation related
     to initial public offering            -        0.00        -        0.00
    Loss (gain) on e
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SOURCE Select Medical Holdings Corporation
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